Bugatti, Lamborghini, Rolls-Royce seized by Feds in $1B racketeering case


In a billion-dollar racketeering case, US authorities have seized a collection of ultra-luxury cars—including a Bugatti, a Lamborghini, and a Rolls-Royce—once owned by Chinese businessman Guo Wengui.

Guo, also known as Miles Guo, has now been sentenced to 30 years in prison after being found guilty of multiple charges, including fraud and money laundering. Prosecutors revealed that his empire was built on false promises and misleading financial schemes, which allegedly pulled in over $1 billion from followers.

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Images released by authorities show a pristine Lamborghini Aventador SVJ and a Bugatti Chiron, both sitting untouched in storage.

Reportedly, the Lamborghini alone was valued at over $800,000, while the Chiron—originally priced around $3 million—has seen values climb well beyond that in recent years. There are also mentions of additional multi-million-dollar sports cars purchased for Guo’s family, though details remain unclear.

Source: @SDNYnews

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